MPLX LP (MPLX)
41.76
+0.28
(+0.66%)
USD |
NYSE |
Apr 24, 13:59
MPLX Gross Profit Margin (Quarterly): 45.31% for Dec. 31, 2023
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
| Date | Value |
|---|---|
| December 31, 2023 | 45.31% |
| September 30, 2023 | 40.60% |
| June 30, 2023 | 43.99% |
| March 31, 2023 | 45.16% |
| December 31, 2022 | 40.14% |
| September 30, 2022 | 41.34% |
| June 30, 2022 | 38.91% |
| March 31, 2022 | 42.50% |
| December 31, 2021 | 39.67% |
| September 30, 2021 | 42.38% |
| June 30, 2021 | 43.41% |
| March 31, 2021 | 44.33% |
| December 31, 2020 | 43.74% |
| September 30, 2020 | 44.64% |
| June 30, 2020 | 45.19% |
| March 31, 2020 | 43.87% |
| December 31, 2019 | 40.45% |
| September 30, 2019 | 43.17% |
| June 30, 2019 | 42.27% |
| March 31, 2019 | 44.09% |
| December 31, 2018 | 41.90% |
| September 30, 2018 | 41.69% |
| June 30, 2018 | 41.38% |
| March 31, 2018 | 41.74% |
| December 31, 2017 | 33.96% |
| Date | Value |
|---|---|
| September 30, 2017 | 36.12% |
| June 30, 2017 | 36.33% |
| March 31, 2017 | 35.75% |
| December 31, 2016 | 35.78% |
| September 30, 2016 | 36.56% |
| June 30, 2016 | 34.79% |
| March 31, 2016 | 35.01% |
| December 31, 2015 | 45.57% |
| September 30, 2015 | 37.95% |
| June 30, 2015 | 45.08% |
| March 31, 2015 | 44.81% |
| December 31, 2014 | 31.66% |
| September 30, 2014 | 41.24% |
| June 30, 2014 | 43.38% |
| March 31, 2014 | 51.64% |
| December 31, 2013 | 36.78% |
| September 30, 2013 | 41.12% |
| June 30, 2013 | 38.59% |
| March 31, 2013 | 41.77% |
| December 31, 2012 | 41.01% |
| September 30, 2012 | 39.24% |
| June 30, 2012 | 42.33% |
| March 31, 2012 | 45.03% |
| December 31, 2011 | -26.00% |
| September 30, 2011 | 63.68% |
Gross Profit Margin Definition
Gross Profit Margin is calculated using Gross Profit/Revenue. This metric measures the overall efficiency of a company in being able to turn revenue into gross profit and doing this by keeping cost of goods sold low. An analyst looking at gross profit margin might look for a higher gross profit margin relative to other comparable companies as well as a gross profit margin that is growing.
Gross Profit Margin (Quarterly) Range, Past 5 Years
38.91%
Minimum
Jun 2022
45.31%
Maximum
Dec 2023
42.69%
Average
43.17%
Median
Sep 2019
Gross Profit Margin (Quarterly) Benchmarks
| Kinder Morgan Inc | 55.91% |
| Targa Resources Corp | 23.58% |
| Western Midstream Partners LP | 76.00% |
| Hess Midstream LP | 85.98% |
| Baker Hughes Co | 21.17% |
Gross Profit Margin (Quarterly) Related Metrics
| Return on Equity | 29.47% |
| Return on Assets | 10.92% |
| Return on Invested Capital | 18.99% |
| Profit Margin (Quarterly) | 42.39% |
| Operating Margin (Quarterly) | 40.64% |
| Return on Net Operating Assets | 13.42% |